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RefundFX competition, or how to destroy your acccount by using an unfiltered grid trader. (de shinobi_brian)
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Discussion RefundFX competition, or how to destroy your acccount by using an unfiltered grid trader.
Membre depuis Feb 01, 2012
posts 2
Membre depuis Apr 28, 2010
posts 8
Feb 22, 2012 at 13:50
Membre depuis Apr 28, 2010
posts 8
I have a few, gridmeupfx on cable and EURUSD, a free forex robot and some I've paid for. Risk is a lot more for these competitions though, I wouldn't probably use as much risk on a real account - the fills wouldn't be the same and the potential losses would be painful. In fact I'm currently in a drawdown on this account so I'm not confident of my positioning in the competition at the end. Yesterday I was 4th, today I'm currently 23rd lol. Hence my tweet this morning to someone that commented on my losses about not using grid traders. In fact you can, but you need to have filters on them. I know someone that's doing very well with his version of the one I've got, only he has the enhanced one, which has filters. Mine has the basic, which has none. Hence the drawdown :)
Membre depuis Feb 01, 2012
posts 2
Feb 23, 2012 at 07:22
Membre depuis Feb 01, 2012
posts 2
Wow, yeah, he really fell off the cliff there. I'll have to read about grid traders. I'm fighting MT details right now, my signal receiver is actually a 'script' not an ea... and I guess that means it can't access indicators (Specifically iVolume) It only ever returns the first value, and never gives an error... so a big chunk of my filters are broken right now too..
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